11295 Gulf Boulevard, Treasure Island, FL 33706

$925,000
3,760
SqFt
Sold Price
$925,000
List Price
$750,000
Status
Sold
Closing Date
Jun 07, 2019
MLS#
U8042102
Property Style
Hotel/Motel
Year Built
1949
Living Area
3,760
Lot Size
18,461
Acres
0.42
Total Acreage
1/4 Acre to 21779 Sq. Ft.
MLS Area Major
Pass a Grille Bch/St Pete Bch/Treasure Isl

Property Description

AUCTION!!AUCTION!! This SALTWATER FRONT property will be SOLD ONSITE on Saturday May 4th at 12 PM by public AUCTION . Sold Free and Clear of All liens. Continue to operate this 6 unit income producing property or Redevelop. Directly on Gulf BL across from Treasure Island Beach. One two story, 4 bedroom, 2 bath single family home producing $1,395/month, PLUS 5 unit single story building producing $3,680/month. All units are currently occupied with annual leases with an option to renew. Property has 100 feet footage on Gulf Blvd and 100 feet on the saltwater canal with easy access to John's Pass and the Gulf of Mexico. According to the City of Treasure Island: Actual Density - Hotels/Motels/Condo-Hotels 12 Units can be placed on this parcel - (for 0.4238 ac) Multi-family dwellings (Condo – Non-Tourist Dwelling) 6 Units can be placed on this parcel Size – 0.4238 acres Zoning – RFM 30 Base Flood Elevation – AE 11 (New Flood Maps are currently being reviewed by FEMA. Anticipated adoption is within 24 months.) Required Freeboard - +2 feet

Additional Information

Taxes Annual
$13242
Community Features
Beach Area, No Deed Restriction
Air Conditioning
Wall/Window Unit(s)
Exterior Construction
Block
Pool
No Pool
Water Extras
Seawall - Concrete
Water View
Canal
Water Access
Bay/Harbor, Canal - Saltwater, Gulf/Ocean, Gulf/Ocean to Bay, Intracoastal Waterway
Flood Zone Code
AE
Parcel ID
23-31-15-00000-240-1500
Legal Description
PT GOVT LOT 2 LYING E OF 'LY 100FT TO POB AKA TR 3 GULF BLVD DESC AS FROM C/L OF GULF BLVD & S LN OF GOVT LOT 2 TH S43DE ALG C/L 15FT(S) TH N52DE TO E RD R/W FOR POB TH NE'LY AT R/A 187FT(S) TO SEAWALL TH NW'LY 100FT TH SW'LY 184FT(S) TO E RD R/W TH SE

Mortgage Calculator

Amount of Loan
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of BHHS FLORIDA PROPERTIES GROUP. Selling Office: BHHS FLORIDA PROPERTIES GROUP.

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